Capstone Capital Management Ltd Increases Stake in NRG Energy, Inc. $NRG

Capstone Capital Management Ltd increased its position in shares of NRG Energy, Inc. (NYSE:NRG) by 254.8% in the first quarter, Holdings Channel.com reports. The firm owned 13,355 shares of the utilities provider’s stock after purchasing an additional 9,591 shares during the quarter. NRG Energy comprises approximately 1.9% of Capstone Capital Management Ltd’s investment portfolio, making the stock its 16th biggest position. Capstone Capital Management Ltd’s holdings in NRG Energy were worth $1,952,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in NRG. MV Capital Management Inc. purchased a new stake in NRG Energy in the 4th quarter worth about $27,000. Motiv8 Investments LLC purchased a new position in shares of NRG Energy during the fourth quarter valued at approximately $27,000. Core Wealth Advisors LLC bought a new position in shares of NRG Energy during the fourth quarter valued at approximately $28,000. EMC Capital Management purchased a new stake in shares of NRG Energy in the fourth quarter worth approximately $30,000. Finally, SHP Wealth Management bought a new stake in shares of NRG Energy during the 4th quarter worth approximately $32,000. 97.72% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

NRG has been the subject of a number of recent analyst reports. Raymond James Financial set a $210.00 price objective on NRG Energy in a report on Monday, April 27th. BNP Paribas Exane began coverage on shares of NRG Energy in a research note on Wednesday, March 18th. They set an “outperform” rating and a $232.00 target price for the company. Weiss Ratings cut shares of NRG Energy from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 11th. Williams Trading set a $184.00 price target on shares of NRG Energy in a research note on Monday. Finally, Siebert Williams Shank started coverage on shares of NRG Energy in a report on Monday. They set a “buy” rating and a $184.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $197.80.

NRG Energy Stock Down 0.5%

NYSE:NRG opened at $137.36 on Thursday. The company has a debt-to-equity ratio of 4.68, a current ratio of 0.84 and a quick ratio of 0.78. NRG Energy, Inc. has a 1-year low of $120.11 and a 1-year high of $189.96. The company has a 50-day moving average of $137.10 and a 200 day moving average of $150.64. The firm has a market cap of $28.98 billion, a PE ratio of 161.60 and a beta of 1.21.

NRG Energy (NYSE:NRG) last posted its earnings results on Wednesday, May 6th. The utilities provider reported $1.48 EPS for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.30). NRG Energy had a net margin of 0.74% and a return on equity of 70.67%. The business had revenue of $10.26 billion for the quarter, compared to analysts’ expectations of $8.43 billion. During the same period last year, the business posted $2.68 EPS. The company’s revenue for the quarter was up 19.5% on a year-over-year basis. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. As a group, research analysts anticipate that NRG Energy, Inc. will post 8.89 EPS for the current fiscal year.

NRG Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 1st were issued a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Friday, May 1st. NRG Energy’s dividend payout ratio (DPR) is presently 223.53%.

Insider Buying and Selling

In related news, VP Virginia Kinney sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $127.52, for a total value of $2,550,400.00. Following the completion of the transaction, the vice president owned 45,111 shares of the company’s stock, valued at $5,752,554.72. The trade was a 30.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is owned by company insiders.

About NRG Energy

NRG Energy (NYSE: NRG) is a U.S.-based integrated power company headquartered in Houston, Texas. The company develops, owns and operates a diversified portfolio of power generation assets and participates in wholesale and retail energy markets. NRG supplies electricity to utilities, commercial and industrial customers, and retail consumers, while also providing energy-related products and services designed to manage consumption and support reliability.

NRG’s generation mix includes conventional thermal plants as well as renewable and distributed energy resources.